This US semiconductor company specialises in high voltage power management from automobiles to lighting and power grids and motors. They had a bad quarter and may well have another as they have invested heavily in new technology and machine upgrades and that has pulled down their figures when added to the recent slow down in sales. In the analyst world they are one of the few semiconductor companies recommended by both tech guru Paul McWilliams of Nextinning, and Peter Lynch guru of growth stocks with a PEG of .57 and an EPS growth of 25.4%. They have a P/E of 14.5 with according to Paul Mc Williams some $6.30 cash and no debt.
Power management is the heavy lifter of semiconductors, everything needs them so the company crosses a lot of business areas giving it some buffer from any one area suffering slowdown.
The shares currently trade at around $22 with an upside to $30 in 2012/13 after the end of year in July which may bring shares down a little more and present a buying opportunity between $20 and $22..
Power management is the heavy lifter of semiconductors, everything needs them so the company crosses a lot of business areas giving it some buffer from any one area suffering slowdown.
The shares currently trade at around $22 with an upside to $30 in 2012/13 after the end of year in July which may bring shares down a little more and present a buying opportunity between $20 and $22..
No comments:
Post a Comment
Please leave me any comments. I look forward to replying.